Buying a Bitcoin Mining Facility

Chris Koerner acquired a bitcoin mining facility he found on BizBuySell for $750k and now employees 11 people. 

Topics in Chris's interview:

• Bitcoin mining 101
• Challenge of finding real estate to host bitcoin miners
• Economics & ROI of bitcoin mining
• Using BizBuySell to find bitcoin mining facilities
• Price & deal terms to acquire a bitcoin mining facility in Texas
• The business of hosting bitcoin miners
• Why it's difficult to buy miners
• The business of reselling bitcoin miners
• How the crypto winter has affected profitability
• Crazy story of partnering with the late John McAfee

Links & how to reach Chris:

• Mining Syndicate (Chris's bitcoin mining facility)
• Video tour of Mining Syndicate
• Bizy
• John McAfee's tweet of Chris's project No BS
• John McAfee interview by the Australian film crew (filmed the day Chris visited)
• LinkedIn

Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

Learn more about Walker Deibel's done-with-you buy-side advisory:

• The Acquisition Lab

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter